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CBS
Oct 12, 2012 5:00am EDT
for the latest your money report of the morning. >> jessica is back to tell us more on that. good morning, jess. >> good morning. earnings season large and in charge. we'll have to see if there's any good news out there that could maybe lift the market after what's been a pretty awful week. jason more gone chase sced -- morgan chase scheduled to report quarterly earnings. the biggest banks rose 19% last quarter. we're expecting to hear about more layoffs in the financial industry as banks continue to look for ways to cut costs. as for suffolks the major averages is -- as for stocks,, the dow stands at 13,326. it erased an early gain. nasdaq was off by 2. s&p 5 hundred was up albeit franceally. >>> more problems for farmers that could continue to raise our food prices. the price of corn jumped 5%. global food inventories will fall more than expected. corn output has been cut by the greatest amount in 15 years. >>> and mortgage rates ticked up from record lows last week, still really, really, really low. freddie mac says the rate on a 30-year fixed loan rose to 3.3 the%. -- 3.39%. if you can refi
CBS
Oct 11, 2012 5:00am EDT
jessica is here talking about the headlines. >> good morning to both of you. investors will be focusing on the job market yet again when we get the latest unemployment numbers out of the government. investors also hoping for better earnings news after we saw problems with alcoa. shares fell on the aluminum company's cautious onlook mostly because -- outlook mostly because of a slowdown in china. the dow dropped 128 points in trading. the nasdaq was off by 13 points and the s&p 5 hundred was down by -- 500 was down by about 9. this is coming as better news. the u.s. economy grew modestly in september. the federal reserve says its latest assessment of economic conditions shows an improving housing market, helping many areas of the country last month. at the same time consumer spending was flat or up just slightly. in most of the regions surveyed. >>> more people struggling financially are staying in their homes. foreclosure activity fell in september to a five-month low. according to realty track, california, michigan and georgia saw the biggest drop since foreclosure. that offset a jump
CBS
Oct 9, 2012 5:00am EDT
your money report of the morning. >> good morning, jessica doyle. >> good morning. we have earnings season starting on wall street today. it's going to be big doings the next couple of weeks. traders don't have the greatest of expectations. analysts are expecting companies to post an overall decline in profits for the first time in nearly three years. today that marks the five-year anniversary of the record high closes of the dow and s&p 500. both indexes right now currently about 7% below those levels. not terribly below. check be the numbers the dow starts this morning at 13,583 after dropping 267 points in -- 27 points in trading. nasdaq was down by about 24. the s&p 500 was down by 5. economic slowdowns in asia and europe and worries about u.s. corporate profits have some analysts predicting a possible pullback in the stock market. so we'll keep our eyes on that also on this. germany's chancellor is in athens today for talks with greece's prime minister. the two are expected to discuss the country's financial crisis. greek police have been stepping up security and they're prepar
CBS
Oct 8, 2012 5:00am EDT
'm jessica doyle in for andrea roane on this mop morning. >> thanks for joining us, i'm mike haiduk. mr. bernstein starts it off, grab the coat. >> reporter: temperatures in the 30s and 40s this morning. and with clouds returning shortly, i know the clouds will come back. temperatures are not going to move much today. low to mid-50s. we'll start out with the day planner. weather graphics please if we can, you'll see the temperatures in the low 50s by noon, cloudy skies. with a few showers this afternoon. high temperature 54. just to let you know the average high still about 70, 71. showers yesterday afternoon, early evening pulled away, we have clearing overnight, another batch of clouds and showers approaching southwestern virginia. areas this morning mid-30s in jay and old town. 33 in western maryland. to the east the bay at annapolis 51 andrews is down to 43 and a cool afternoon ahead. high temperatures will be in the 50s right now. a little bit of fog. let's check in with monika here. >> reporter: good morning, everybody. if you are heading around town, things are beginning to get a
CBS
Oct 10, 2012 5:00am EDT
. >> thank you so much for having me. >> absolutely. >> over to you. >> thank you, jessica. >>> you could make -- could you make it work if you only had $30 to spend on 21 meals? >> we'll take a look at some of the challenges when it comes to living on food stamps. . >>> welcome back. 5:40 on this wednesday morning. we have temps in the mid and upper 50s. cloudy skies. a little cool in other areas but it's going to be a really nice day by the end of it. we start out with some clouds. patchy fog and drizzle. 59 at 9:00. 46 by noon and 69 at 3:00 p.m. right now here's monika with timesaver traffic. >>> early morning accident in burtonsville brought down a utility pole westbound route 198. remains blocked after route 29 with crews on the scene. here in college park, the beltway looks great. we'll be back in a couple minutes with more traffic. back to you, jess. >>> i've been combing through the day's daily deals, e-mails and retailer websites to find you some deep discounts. here of some of my favorites. ladies, put down the mascara with this deal for a hot beauty trend. pay $75 for eyelash
Search Results 0 to 4 of about 5